ProPetro CEO RSUs Vest, Shares Withheld for Tax
ProPetro Holding Corp. Chief Executive Officer Samuel D. Sledge reported equity award activity involving restricted stock units and common stock.
Rhea-AI Filing Summary
ProPetro Holding Corp. Chief Executive Officer Samuel D. Sledge reported equity award activity involving restricted stock units and common stock. On March 4, 2026, 84,175 previously granted restricted stock units vested and were settled into 84,175 shares of common stock at no cost, increasing his directly held common shares.
On the same date, 33,123 shares of common stock were withheld at a price of $12.4900 per share to satisfy taxes due upon the vesting and settlement of the restricted stock units, leaving 649,336 shares of common stock held directly after the tax-withholding disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 84,175 | $0.00 | $0.00 |
| Exercise | Common Stock | 84,175 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 33,123 | $12.49 | $414K |
Footnotes (4)
- F1. Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs").
- F2. Each RSU represents a contingent right to receive either one share of Common Stock or an amount of cash equal to the fair market value of one share of Common Stock.
- F3. Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs.
- F4. On March 4, 2025, the reporting person was granted 252,525 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ProPetro (PUMP) report for CEO Samuel D. Sledge?
How many ProPetro (PUMP) restricted stock units vested for the CEO?
What is the CEO’s ProPetro (PUMP) common stock holding after these transactions?
Were the ProPetro (PUMP) CEO’s Form 4 transactions open-market buys or sells?
Did ProPetro (PUMP) grant additional restricted stock units to the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.